Prime Bank PLC recently has signed a memorandum of understanding (MoU) with Jagannath University to expand banking services for the university’s students, teachers and employees and to promote financial inclusion on campus.
Under the agreement, the university community will have access to Prime Bank’s banking products, card facilities and tailored financial services, while the bank will also support the institution’s own financial needs.
Syed Sazzad Haider Chowdhury, deputy managing director and chief information officer; Shaila Abedin, senior executive vice-president and head of liability and women banking; and MM Mahbub Hasan, senior vice-president and head of financial inclusion and school banking, represented Prime Bank at the signing ceremony.
The Jagannath University delegation was led by vice chancellor Prof Md Rais Uddin and included treasurer Prof Sabina Sharmin, registrar (in-charge) Prof Md Sheikh Gias Uddin, faculty deans, representatives of the Teachers’ Association, and the director of the Office of Finance and Accounts.
Prime Bank officials highlighted a range of financial services for university students, including fee collection, student files, and bank accounts with free debit cards at attractive rates.
They also showcased payroll banking, various loan facilities, credit cards, investment opportunities, and other financial services for faculty members and university staff.
The partnership has been formed under PrimeAcademia, the bank’s industry-academia partnership platform, through which Prime Bank is strengthening its engagement with educational institutions across the country by implementing various innovative banking initiatives.
